New Zealand Green Investment Finance announced an equity investment in Thinxtra, a leading Internet of Things (IoT) network and service provider operating an established network across New Zealand, Australia and Hong Kong.
Thinxtra built, owns and supports a lowpower network that covers 94% of New Zealand. Powered by Sigfox technology, the network is low-cost, resilient and capable of supporting high volumes of connected devices, that require very little energy to run. Using devices that run on the network can enable companies to use less power, travel less and save carbon.